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1445 Calumet Avenue

Los Angeles, CA 90026

– beds
– baths
– sqft
6,744 sqft lot
1922 build
– on site

This private, charming, turnkey investment, with current cap rate of 5.6% and annual NOI over $118,000/yr. could be yours. Sheltered behind a tall privacy hedge in the Angelino Heights HPOZ, sits 7 individual, well-maintained Craftsman single family bungalows, each with their own private patios and outdoor space. These units were fully renovated with permits in 2003 and converted into open concept studios; with vaulted ceilings, exposed beams and wood floors and windows. Because of its location in prime Echo Park, and its proximity to high-end amenities (newly renovated Echo Park lake, Lassen's, and multiple bars and restaurants), these units rent quickly. Well-maintained but with upside potential if you add laundry to each unit. Permit history, general and sewer inspections, and rent rolls available for viewing. Recent termite clearance provided. Motivated seller.

Listed By CRMLS_CA / Emily Johnson / Sotheby's International Realty

Last checked: Checking… • Last updated Sep 17, 2024 •

MLS# 24433023 —

The Building

Year Built:

1922
New Construction:

No
Architectural Style:

Bungalow
Common Walls:

No Common Walls
Building Area Total:

3144.00
# of Buildings:

7
Total Number Of Units:

7
Stories Total:

1

Interior

Features:

Ceiling Fan(s), Cathedral Ceiling(s)
Levels:

One
Flooring:

Wood

Location

Directions:

East of Echo Park, west of Douglas, between Bellevue and Sunset.
Latitude:

34.06978100
Longitude:

-118.25685800

The Property

Property Type:

Residential Income
Zoning:

LAR2
Lot Size Area:

6744.0000
Lot Size Acres:

0.1548
Lot Size SqFt:

6744.00
Lot Size Source:

Assessor
Security Features:

Gated Community

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5405013019

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

No
Cooling:

None

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Subdivision:

Angelino Heights
Subdivision:

Angelino Heights
Senior Community:

No
Pool:

Fenced
Association:

No
Assessments:

No

Parking

Parking:

No
Parking:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/9/24 Sep 9, 2024	Listed / Active	CRMLS_CA	$2,100,000	18.3% (1.8% / YR)
7/26/24 Jul 26, 2024	Price Changed	CRMLS_CA
1/16/24 Jan 16, 2024	Relisted	CRMLS_CA

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This multifamily located in Angelino Heights, Los Angeles, CA 90026 is currently for sale for $2,100,000. 1445 Calumet Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 74 days. 1445 Calumet Avenue is in the Angelino Heights neighborhood of Los Angeles and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Belmont Senior High School, Miguel Contreras Learning Complex - Business And Tourism, Ramon C Cortines School Of Visual And Performing Arts, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - School Of Social Justice, Sal Castro Middle School, and Betty Plasencia Elementary School.

Listing Courtesy of: CRMLS_CA and Sotheby's International Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.